PropertyIndex

Basswood

Completed · Q1 2022|419 villas

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Basswood is a completed land development by FRONT LINE INVESTMENT MANAGEMENT L.L.C in Damac Hills 2, Madinat Hind 4, comprising 419 registered villas. 178 sales are registered with the Dubai Land Department, at a current PIX© price of AED 969 per sqft. At AED 969 per sqft, Basswood prices 8% below the Damac Hills 2 average of AED 1,053 per sqft on registered sales.

PIX© price · 10.9% YoY
1.41MAED
Typical
969AED
PSF
Gross yield
5.8%
PIX© rent ÷ PIX© price
Sale records
178
DLD · all time
Rent contracts
1,454
Ejari · all time
Basswood

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
1,208 – 2,568 sqft
4191.41M96910.9%82K5.8%
Residential
3 Bed · Villa
1,208 – 2,568 sqft
419
Land
Land
1,208 – 1,868 sqft
Sales — Project-Wide178 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitSizePricePSFvs Prior SaleTierType
6 Aug 20263 Bed1,2081,250,0001,0350.0%StandardStandard Sale
31 Jul 20263 Bed1,8021,325,000735+64.6%Entry LevelStandard Sale
28 Jul 20263 Bed1,2081,350,0001,117StandardStandard Sale
Rentals — Project-Wide1,454 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
5 Sep 20263 Bed1,20895,00079Premiumrenewal
1 Sep 20263 Bed1,20863,00052Entry Levelrenewal
16 Aug 20263 Bed1,20885,000700.0%Standardrenewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Damac Hills 2

The closest-priced registered projects in Damac Hills 2.

Common questions about Basswood

Answered from Dubai Land Department registered transactions.

How much does a property in Basswood cost?

Property in Basswood sells at a current PIX© price of AED 969 per sqft, or about AED 1,411,017 for a typical unit, based on 178 sales registered with the Dubai Land Department.

Is Basswood completed?

Yes. Basswood is recorded as completed in the Dubai Land Department project register (completed q1 2022).

Who is the developer of Basswood?

Basswood is developed by FRONT LINE INVESTMENT MANAGEMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Basswood?

Basswood yields 5.8% gross, calculated from current PIX© rent against current PIX© sale price, across 1,454 registered Ejari contracts.

How many villas are in Basswood?

Basswood holds 419 registered villas, per the Dubai Land Department unit register.

Have prices in Basswood gone up or down?

Price per sqft has risen +10.9% over the last 12 months, to AED 969, across 178 registered sales.